External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

Maple Leaf Cement Factory / Equity Bottom-Up

<ul><li>MLCF announced its 4QFY23 financial result today, where company reported loss of Rs413mn (LPS: Rs0.38) in 4QFY23 vs profit of Rs232mn (EPS: Rs0.22) in 4QFY22.</li><li>This takes full year FY23 profit after tax to Rs5,771mn (EPS: Rs5.38) compared to Rs4,553mn (EPS: Rs4.24), up 27% YoY due to better retention prices.</li><li>MLCF’s 4QFY23 result came below industry expectations due to higher-than-expected tax expense.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MLCF announced its 4QFY23 financial result today, where company reported loss of Rs413mn (LPS: Rs0.38) in 4QFY23 vs profit of Rs232mn (EPS: Rs0.22) in 4QFY22.This takes full year FY23 profit after tax to Rs5,771mn (EPS: Rs5.38) compared to Rs4,553mn (EPS: Rs4.24), up 27% YoY due to better retention prices.MLCF’s 4QFY23 result came below industry expectations due to higher-than-expected tax expense.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Maple Leaf Cement (MLCF): Announces second buy back of 100mn Share (Rs2.9bn)